Wish you all a very Happy Independence Day.
As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
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